In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
MediaAlpha Inc (NYSE: MAX) closed the day trading at $7.49 down -0.13% from the previous closing price of $7.50. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 0.5 million shares were traded. MAX stock price reached its highest trading level at $7.66 during the session, while it also had its lowest trading level at $7.465.
Ratios:
For a better understanding of MAX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.43 and its Current Ratio is at 1.43. In the meantime, Its Debt-to-Equity ratio is 68.67 whereas as Long-Term Debt/Eq ratio is at 64.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on August 20, 2024, initiated with a Buy rating and assigned the stock a target price of $20.
On June 26, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $19 to $13.
BMO Capital Markets Upgraded its Market Perform to Outperform on February 26, 2024, whereas the target price for the stock was revised from $9 to $28.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 30 ’24 when Nonko Eugene sold 72,000 shares for $20.67 per share. The transaction valued at 1,487,959 led to the insider holds 1,550,990 shares of the business.
Yi Steven sold 72,000 shares of MAX for $1,487,750 on Oct 30 ’24. The insider now owns 2,312,162 shares after completing the transaction at $20.66 per share. On Oct 30 ’24, another insider, Yi Steven, who serves as the Officer of the company, bought 72,000 shares for $20.66 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MAX now has a Market Capitalization of 491456320 and an Enterprise Value of 488051232. As of this moment, MediaAlpha’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.84, and their Forward P/E ratio for the next fiscal year is 9.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 174.80. Its current Enterprise Value per Revenue stands at 0.564 whereas that against EBITDA is 8.067.
Stock Price History:
The Beta on a monthly basis for MAX is 1.17, which has changed by -0.58641636 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, MAX has reached a high of $25.78, while it has fallen to a 52-week low of $7.33. The 50-Day Moving Average of the stock is -23.99%, while the 200-Day Moving Average is calculated to be -44.16%.
Shares Statistics:
Over the past 3-months, MAX traded about 552.74K shares per day on average, while over the past 10 days, MAX traded about 671180 shares per day. A total of 55.50M shares are outstanding, with a floating share count of 30.58M. Insiders hold about 45.29% of the company’s shares, while institutions hold 54.09% stake in the company. Shares short for MAX as of 1743379200 were 2192862 with a Short Ratio of 3.97, compared to 1740700800 on 1374357. Therefore, it implies a Short% of Shares Outstanding of 2192862 and a Short% of Float of 6.5600000000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
